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Technology Stocks : VIAS VIASOFT & THE Y2K PROBLEM -- Ignore unavailable to you. Want to Upgrade?


To: TsioKawe who wrote (1765)10/10/1998 4:27:00 AM
From: 246810  Respond to of 2067
 
COMMENTS:

1. expecting 3rd quarter losses of 4-8 cents per share. when the books are completed they usually come out better than estimates, possibly a surprise to the upside.
DOES IT MATTER? THE REAL LOSS IS ,41 TO ,47 ANYWAY.

2. Short interest at 700,000 shares, when do the shorts cover before Oct 21 or after.
THEY COVER WHEN THEIR STOP LOSS ORDERS ARE TRIGGERED. THAT'S WHEN WE SHOULD BUY.

3. announced 1.5 million share company buyback, possibly 3 days after 3rd quarter earnings release..
THEY BOUGHT SOME AND THEN AUTHORIZED MORE BUT DIDN'T SAY HOW MUCH AND MAYBE BOUGHT MORE, MAYBE BOUGHT ALL. THEY SHOULD AUTHORIZE MORE AND BUY LOTS AND LOTS
.
4. looked like the MMs wanted the stock above $4 plus, then came some friday afternoon selling, price back down to where we opened but did not loose ground.
NO COMMENT ON MMs

5. Market cap 75 million, company has 75 million in cash and equity.
COMPANY HAS AT LEAST 83. MANAGERS ARE PRETTY DUMB. THEY COULD TAKE THE COMPANY PRIVATE WITH JUST YOU, ME AND THEM AND SOME CASH LEFT OVER..

6. when the stock broke through the lower bollinger band, the trend reversed, possible run this month to the top band, with all the future action in the last 2 weeks.
WITH SUCH MAJOR OVERSOLD, PANIC CONDITION, BANDS MAY NOT MEAN MUCH. THEY ONLY MEAN ANYTHING IF OTHERS BELIEVE THEM.

(Sorry for the caps but I needed to show the difference without endless html coding. Brad should put some hot keys for i, b and u)

246810